Growth for African capital markets

Overall, African equity capital market transaction volume and value improved in 2017 over 2016. In terms of value, 2017 saw the largest initial public offerings (IPOs) over the trailing five-year period, and an increase in the total value of equity capital market...

Mastercard acquires Oltio

Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group. The acquisition builds on Mastercard’s longstanding relationship with Oltio, a startup that pioneered and patented several mobile payments and banking...

Huawei, PCW to deploy MARS cable

Huawei Marine has announced that it will partner with PCCW Global to construct the first submarine cable between Mauritius and Rodrigues Island. This will be Huawei’s 12th submarine cable system deployed in the African region to meet the increasing demand for...

Political certainty to boost Kenya’s GDP

Kenya’s GDP growth is projected to increase to 5,7% during the first quarter of 2018. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q1 2018, the accountancy and finance...

Angola chooses Gemalto payment solution

Gemalto is supplying EMIS (Empresa Interbaricária de Serviços), Angola’s domestic payments processor, with a PURE white label payment solution that will enable swift migration to the enhanced security of the EMV “chip and PIN” standard. As a result,...

What Nigerian CIOs need to know in 2018

ICT plays a vital role in Nigeria’s social, economic and political sectors. In 2018, technological innovations such as the Internet of Things (IoT), big data analytics, cloud computing and artificial intelligence are expected to enable tremendous innovations and...